The Inter-American Development Bank (IDB) and the Government of Sweden have signed an agreement that establishes an innovative risk transfer mechanism to support development in Latin America and the Caribbean (LAC). The instrument will provide a Guarantee of up to $100 million from Sweden, enabling the IDB to increase lending up to $300 million for new projects in Bolivia, Colombia, and Guatemala.

IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond
The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.

Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province
The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus.
The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.

Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis
The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.

The 2020 Latin American and Caribbean Macroeconomic Report analyzes growth scenarios amid coronavirus pandemic
Latin America and the Caribbean will see sharp growth reductions of between 1.8 percent and 5.5 percent of GDP in 2020 due to the impact of the coronavirus pandemic.

The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts.
The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.

A US$230 million loan will allow the implementation of policy reforms that support the development of this sustainable development strategy.
Costa Rica is making progress in its transition to a modern, resilient, inclusive and net-zero emission economy by 2050 as outlined in its National Decarbonization Plan, thanks to a US$230 million loan approved by the Inter-American Development Bank (IDB).

Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.